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Use the following information to answer questions. 2200 7.25 Materials = Holding costs = Marginal cost of backorder= Hiring and training cost = Layoff costs
Use the following information to answer questions. 2200 7.25 Materials = Holding costs = Marginal cost of backorder= Hiring and training cost = Layoff costs = Straight time labor cost/hr. Beginning Workers Beginning inventory = Productive hours/worker/day = Paid straight hrs/day = Working days per month = Units per worker per month Ending Inventory goal (December) $300 20 $18 100 1000 Question 5 1 pts Given the following production plan, use a chase production strategy to compute the monthly production, ending inventory/(backlog), net requirements and required workforce levels. A worker can produce 100 units per month. Assume that the beginning inventory in January is 2200 units, and the firm desires to have 1000 units of inventory at the end of December Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Demand 15,400 13,250 9,000 9,700 14,650 16,000 22,400 23,100 19,050 17,400 14.000 12.300 What is the material cost for the month of December? (hint: use the information in the image attached to the directions to solve this.) $997,500 $13,882,500 $383,040 O $1,050,000 Question 8 1 pts Given the following production plan, use a level production strategy to compute the monthly production, ending inventory/(backlog), net requirements and required workforce levels. A worker can produce 100 units per month. Assume that the beginning inventory in January is 2200 units, and the firm desires to have 1000 units of inventory at the end of December. Month Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Demand 15,400 13,250 9,000 9,700 14,650 16,000 22,400 23,100 19,050 17,400 14,000 12,300 What is the amount of required workers for January through December? O 110 O 155 O 45 O 150 Question 9 1 pts Given the following production plan, use a level production strategy to compute the monthly production, ending inventory/(backlog), net requirements and required workforce levels. A worker can produce 75 units per month. Assume that the beginning inventory in January is 2200 units, and the firm desires to have 1000 units of inventory at the end of December Month Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Demand 15,400 13,250 9,000 9,700 14,650 16,000 22,400 23,100 19,050 17,400 14,000 12,300 What will be the monthly production level? 15,500 O 15,000 O 11,000 O 4,500 Question 10 1 pts Given the following production plan, use a level production strategy to compute the monthly production, ending inventory/(backlog), net requirements and required workforce levels. A worker can produce 100 units per month. Assume that the beginning inventory in January is 2200 units, and the firm desires to have 1000 units of inventory at the end of December Month Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Demand 15,400 13,250 9,000 9,700 14,650 16,000 22,400 23,100 19,050 17,400 14,000 12,300 What is the ending inventory for September? -850 850 2,700 12,800 Question 11 1 pts Given the following production plan, use a level production strategy to compute the monthly production, ending inventory/(backlog), net requirements and required workforce levels. A worker can produce 100 units per month. Assume that the beginning inventory in January is 2200 units, and the firm desires to have 1000 units of inventory at the end of December Month Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Demand 15,400 13,250 9,000 9,700 14,650 16,000 22,400 23,100 19,050 17,400 14,000 12,300 Can you meet the desired inventory level at the end of December with this problem? Yes O No Question 12 1 pts Given the following production plan, use a level production strategy to compute the monthly production, ending inventory/(backlog), net requirements and required workforce levels. A worker can produce 100 units per month. Assume that the beginning inventory in January is 2200 units, and the firm desires to have 1000 units of inventory at the end of December Month Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Demand 15,400 13,250 9,000 9,700 14,650 16,000 22,400 23,100 19,050 17,400 14,000 12,300 What is the total cost? $20,684,050 $20,870,300 $20,587,050 $19,045,900 Question 13 1 pts Given the following production plan, use a level production strategy to compute the monthly production, ending inventory/(backlog), net requirements and required workforce levels. A worker can produce 100 units per month. Assume that the beginning inventory in January is 2200 units, and the firm desires to have 1000 units of inventory at the end of December Month Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Demand 15,400 13,250 9,000 9,700 14,650 16,000 22,400 23,100 19,050 17,400 14,000 12,300 What month has the highest ending inventory level? O May June October August Question 14 1 pts Given the following production plan, use a level production strategy to compute the monthly production, ending inventory/(backlog), net requirements and required workforce levels. A worker can produce 100 units per month. Assume that the beginning inventory in January is 2200 units, and the firm desires to have 1000 units of inventory at the end of December Month Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Demand 15,400 13,250 9,000 9,700 14,650 16,000 22,400 23,100 19,050 17,400 14,000 12,300 What month has the highest backorder cost? October September O November January
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